恒生科技指数ETF（513180）跌幅持续拉大，机构：或迎来景气和估值改善双击

Group 1 - The Hong Kong stock market experienced a decline, with the Hang Seng Technology Index dropping over 1.5%, and major tech stocks such as NIO, Bilibili, Alibaba Health, SenseTime, Horizon Robotics, Baidu, and Kuaishou seeing significant losses [1] - Huatai Securities highlighted in a recent report that the Hong Kong tech sector may lead a third round of asset revaluation in China, following a previous revaluation driven by the DeepSeek market at the beginning of the year [1] - The report indicates that after a rapid increase, negative pressures have emerged in the third quarter, but recent marginal changes suggest that the intensity of these pressures is milder than expected [1] Group 2 - As of July 28, the latest valuation (PETTM) of the Hang Seng Technology Index ETF (513180) was 21.58 times, which is below 79% of the time since the index was launched on July 27, 2020, indicating that the technology sector remains historically undervalued [2] - The high elasticity and growth characteristics of the Hang Seng Technology Index suggest it has greater upward momentum, making it an attractive option for investors without a Hong Kong Stock Connect account to access core Chinese AI assets [2]